American Fire Retardant Corp. Announces New Contracts, Jobs Progressing.Business Editors SAN DIEGO--(BUSINESS WIRE)--Sept. 2, 2003 American Fire Retardant Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AFRR AFRR Alpha Frame Rate Reduction AFRR Air Force Recognition Ribbon AFRR Associação Fluminense de Radioamadorismo e Rádio do Cidadão (Portugese) ) (www.americanfireretardant.com) a fire protection company that specializes in fire prevention and fire containment announced today new contracts totaling more than $76,980 have been awarded. One of those contracts involves the Los Angeles Performing Arts Center A performing arts center, often abbreviated PAC, is a multi-use performance space that can be adapted for use by various types of the performing arts, including dance, music and theatre. where work will begin shortly on the second phase. AFRC AFRC Air Force Reserve Command (formerly AFRES) AFRC Armed Forces Revolutionary Council (Sierra Leone) AFRC Agricultural and Food Research Council (United Kingdom) had recently completed a separate contract at the Los Angeles Performing Arts Center covering the first phase. Also, AFRC has completed the cementitious ce·men·ti·tious adj. Of or relating to a chemical precipitate, especially of carbonates, having the characteristics of cement. [From Latin caement portion of one of their contracts at the Miami International Airport Miami International Airport (IATA: MIA, ICAO: KMIA, FAA LID: MIA) is a public airport located eight miles (13 km) northwest of the central business district of Miami, in unincorporated Miami-Dade County, Florida, United States. and has now begun the intumescent portion, which is worth $132,800 of that original contract of $181,800. AFRC has also completed 70% of the cementitious fireproofing fireproofing, method of making normally combustible materials as nearly noncombustible as possible. Fireproofing generally applies to textiles and construction materials that are treated with a solution or coating of some substance that will tend to retard their for a separate contract at the Miami International Airport worth approximately $580,000. The other new contracts are in Los Banos, California Los Banos is a city in Merced County, California, near the junction of California State Route 152 and Interstate 5. The population was 25,869 at the 2000 census. As of 2006 the World Gazetteer calculates the population as 35,054. and the State School in Florida. Steve Owens, President of AFRC, stated, "In Florida, we are continuing our work at the Miami International Airport and other jobs throughout that state while in California we are starting new jobs and completing several others. Of course, we continue to bid new work and will announce when we have been awarded contracts. Finally, regarding our Christmas tree product Treesafe, we are moving forward to bring it to the consumer market for this holiday season and are looking forward to a very successful marketing effort." About American Fire Retardant Corp American Fire Retardant Corp. is in the business of developing, manufacturing and marketing a line of interior and exterior fire retardant chemicals. The Company provides fire resistive finishing services through its "Textile Processing Center" for commercial users. American Fire Retardant Corp. also designs new technology for future fire resistive applications that are being mandated by local, state and governmental agencies. Additionally, the company is active in the construction industry as sub-contractors for fire stop and fire film installations. Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this new release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. |
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